Tesla layoffs: Company cuts 9% of its staff

A hard few months for electric vehicle manufacturer Tesla was confirmed Tuesday, as the company announced it would slash 9 percent of its workforce as part of a "reorganization" that the eccentric, and often controversial, founder and CEO Elon Musk had hinted was coming earlier this year. The cuts, which focus nearly exclusively on salaried employees, do not include any production associates and thus will not affect the company's Model 3 production targets over the coming months.

Musk, 46, has said Tesla is on the cusp of making money by turning a corner with the Model 3.

Tesla (NASDAQ:TSLA) did say that the cuts would be primarily salaried positions in duplicate roles and that those affected would be offered jobs in its retail business.

"We are conducting a comprehensive organizational restructuring across our whole company", CEO Elon Musk said in a company-wide email that he later shared on Twitter.

Up almost 7 percent earlier on Tuesday, shares of the company trimmed gains to stand 3.5 percent higher at $344 by early afternoon. Of late, it has faced questions about its ability to ramp up production, especially of its Model 3, the lower-priced sedan the company is counting on to drive sales.

As of Tesla's annual filing in December, the automaker had 37,543 full-time employees.

Tesla started selling solar panels and home battery packs at Home Depot earlier this year.

To those who are departing, thank you for everything you have done for Tesla and we wish you well in your future opportunities.

But here are a few tactics that have been tried before that have drawn scrutiny under the old net neutrality rules. The FTC would theoretically file lawsuits against ISPs that make net neutrality promises and then break them.

Discussions are also left on economic rewards North Korea will receive such as sanctions relief and investment in the regime. But the last three presidents secured commitments from North Korea on denuclearisation that North Korea later reneged on.

Because of the graphic-intensive gameplay, Blades will only be available on newer-model iPhones and Android devices. You can play the game solo, but with multiplayer as an option - open world, survival, and every person is real.

The game is a first-person dungeon crawler that allows for landscape or portrait mode play, and will have town-building elements. You'll be playing as a denizen of Vault 76, who leaves the vault on reclamation day - 25 years after the bombs fell.

The game looks like it plays beautifully and the visuals throughout the new trailer are impressive , to say the least. These include games such as Doom Eternal, Fallout 76 , The Elder Scrolls 6, Halo Infinite , and Gears of War 5 .

I mean, not many players can beat him on clay. "True, I understand that everybody here, you have to write things", he said. Thiem sent Cecchinato scurrying around the court before breaking decisively for a 6-5 lead with a lovely forehand victor .

The couple could be seen chatting as the event unfolded, and now, thanks to some lip readers, we know exactly what was said. As a newly-appointed royal with the world watching her every move, you certainly can't blame Meghan for feeling nervous.

Though Durant rightfully earned MVP, Stephan Curry led Friday night's game against the Cavs scoring 37 points. He did not address his contract situation after being swept by the Golden State Warriors in the NBA Finals .

ESPN's Liverpool correspondent Glenn Price discusses why Nabil Fekir would be the player to finally replace Philippe Coutinho. Liverpool have been strongly linked with a move for Lyon attacking midfielder Nabil Fekir in the summer transfer window.

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